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Salee Printing PCL (BKK:SLP) Receivables Turnover : 0.83 (As of Dec. 2024)


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What is Salee Printing PCL Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Salee Printing PCL's Revenue for the three months ended in Dec. 2024 was ฿126.5 Mil. Salee Printing PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿151.8 Mil. Hence, Salee Printing PCL's Receivables Turnover for the three months ended in Dec. 2024 was 0.83.


Salee Printing PCL Receivables Turnover Historical Data

The historical data trend for Salee Printing PCL's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Salee Printing PCL Receivables Turnover Chart

Salee Printing PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 3.94 3.83 3.41 3.61

Salee Printing PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.91 0.77 0.82 0.83

Competitive Comparison of Salee Printing PCL's Receivables Turnover

For the Specialty Business Services subindustry, Salee Printing PCL's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Salee Printing PCL's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Salee Printing PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Salee Printing PCL's Receivables Turnover falls into.


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Salee Printing PCL Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Salee Printing PCL's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=561.72 / ((165.478 + 145.317) / 2 )
=561.72 / 155.3975
=3.61

Salee Printing PCL's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=126.491 / ((158.201 + 145.317) / 2 )
=126.491 / 151.759
=0.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Salee Printing PCL  (BKK:SLP) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Salee Printing PCL Receivables Turnover Related Terms

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Salee Printing PCL Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Moo 10, Tumbol Klong Si, Amphur Klong Luang, Pathumthani, THA, 12120
Salee Printing PCL is a company principally engaged in the provision of label printing services. It prints and sells adhesive and specialty labels. In addition, the company also provides packaging solutions for home and personal care, healthcare, food and beverage, and others. Its business segment is label printing operating in Thailand, Myanmar, and other countries. It is a Business Manufacturer of labels and high-quality prints using technology and modern printing. The label produces high quality. The company derives its revenue mainly from Thailand.